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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank -- Ignore unavailable to you. Want to Upgrade?

To: Mike Milde who wrote (1999)	6/22/1999 1:44:00 PM
From: Bruce A. Thompson	Read Replies (2) \| Respond to of 2414

Mike, I have to call you on the #'s. How, exactly, did you arrive @ $100,000 per customer market cap? I can't seem to make that # work. My #'s look something like: 29MM shares @ $37 = $1.073 Billion (with a B) $1.073BB divided by 39,000 accounts = $29,000 per account market cap. At the current rate of growth, there should be over 100,000 accounts by November times $29,000 per account would put the market cap @ $2.9 Billion (with a B) or $100 per share. BT